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Non-Tech : FedEx (FDX)
FDX 253.90-3.1%3:59 PM EST
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To: Diamondcutter who wrote (264)12/8/1998 10:47:00 AM
From: alex pierson  Read Replies (1) of 524
 
If the internet business grows as people think it will and Fedex gets a proportion of it, wouldn't that be bullish for Fedex? FWIW in the Barrons article Fred Smith seemed to think the internet would be a big deal for them. Could the company find a way to ride this huge wave?
If their industry stands to benefit in a huge way, would it make sense that they would get some benefit directly from increased business and some indirect benefit from a better competitive environment?

Alex
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